Photronics, Inc. (PLAB)

Nasdaq Information Technology Semiconductor Materials & Equipment S&P SmallCap 600

$27.36

+1.86 (+7.29%)

Close of Nov 06, 2026 · end-of-day data

Source: Photronics, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$483.46M	$450.68M	$535.28M	$550.66M	$609.69M	$663.76M	$824.55M	$892.08M	$866.95M	$849.29M
Cost of revenue	$364.75M	$359.36M	$403.77M	$429.82M	$475.04M	$496.72M	$530.34M	$555.91M	$551.00M	$549.46M
Gross profit	$118.71M	$91.31M	$131.50M	$120.84M	$134.65M	$167.04M	$294.21M	$336.16M	$315.95M	$299.83M
Research & development	$21.65M	$15.86M	$14.48M	$16.39M	$17.14M	$18.49M	$18.34M	$13.65M	$16.58M	$15.80M
Selling, general & admin	$44.58M	$43.59M	$51.40M	$52.33M	$53.58M	$57.52M	$63.99M	$69.46M	$77.76M	$75.62M
Operating income	$52.48M	$31.87M	$65.63M	$52.12M	$63.93M	$94.55M	$211.87M	$253.05M	$221.52M	$208.16M
Pre-tax income	$60.47M	$26.57M	$68.57M	$50.70M	$61.60M	$102.01M	$239.03M	$269.95M	$247.41M	$221.78M
Income tax	$4.80M	$5.28M	$7.33M	$10.21M	$21.26M	$23.19M	$59.79M	$70.31M	$63.57M	$31.55M
Net income	$46.20M	$13.13M	$42.05M	$29.79M	$33.82M	$55.45M	$118.79M	$125.48M	$130.69M	$136.41M
EBITDA	$130.09M	$113.57M	$145.16M	$131.36M	$153.10M	$182.09M	$291.84M	$333.52M	$303.95M	$285.42M
EPS (basic)	$0.68	$0.19	$0.61	$0.45	$0.52	$0.90	$1.96	$2.05	$2.12	$2.29
EPS (diluted)	$0.64	$0.19	$0.59	$0.44	$0.52	$0.89	$1.94	$2.03	$2.09	$2.28
Diluted shares	76.35M	69.29M	74.82M	69.16M	65.47M	62.00M	61.19M	61.76M	62.39M	59.92M
Gross margin	24.6%	20.3%	24.6%	21.9%	22.1%	25.2%	35.7%	37.7%	36.4%	35.3%
Operating margin	10.9%	7.1%	12.3%	9.5%	10.5%	14.2%	25.7%	28.4%	25.6%	24.5%
Net margin	9.6%	2.9%	7.9%	5.4%	5.5%	8.4%	14.4%	14.1%	15.1%	16.1%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$314.07M	$308.02M	$329.28M	$206.53M	$278.67M	$276.67M	$319.68M	$499.29M	$598.49M	$492.26M
Short-term investments	—	—	—	—	—	$0	$38.82M	$12.91M	$42.18M	$95.91M
Receivables	$92.64M	$105.32M	$120.52M	$134.45M	$134.47M	$174.45M	$198.15M	$194.93M	$200.83M	$195.92M
Inventory	$22.08M	$23.70M	$29.18M	$48.16M	$57.27M	$55.25M	$50.75M	$49.96M	$56.53M	$61.77M
Total current assets	$441.59M	$449.12M	$502.73M	$427.53M	$500.14M	$550.62M	$644.65M	$785.45M	$931.06M	$890.05M
Total assets	$987.99M	$1.02B	$1.11B	$1.12B	$1.19B	$1.29B	$1.32B	$1.53B	$1.71B	$1.80B
Total current liabilities	$81.32M	$81.78M	$191.08M	$151.95M	$142.94M	$176.15M	$193.80M	$185.22M	$183.81M	$165.87M
Short-term debt	$5.43M	$4.64M	$57.45M	$2.14M	$8.97M	$22.25M	$10.02M	$6.62M	$17.97M	$11.00K
Long-term debt	$61.86M	$57.34M	$0	$41.89M	$54.98M	$89.45M	$32.31M	$18.00M	$25.00K	$13.00K
Total debt	$67.29M	$61.98M	$57.45M	$44.03M	$63.95M	$111.69M	$42.33M	$24.62M	$18.00M	$24.00K
Total liabilities	$162.51M	$155.50M	$205.44M	$207.57M	$225.92M	$293.64M	$253.74M	$250.61M	$231.30M	$207.23M
Shareholders' equity	$710.36M	$744.56M	$759.67M	$769.89M	$804.96M	$823.69M	$831.53M	$975.01M	$1.12B	$1.17B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$122.14M	$96.83M	$130.57M	$68.39M	$143.05M	$150.77M	$275.19M	$302.18M	$261.44M	$247.80M
Capital expenditures	$50.15M	$91.97M	$92.58M	$178.38M	$70.81M	$109.10M	$112.34M	$131.29M	$130.94M	$188.14M
Free cash flow	$71.99M	$4.87M	$37.98M	-$109.99M	$72.23M	$41.67M	$162.85M	$170.88M	$130.50M	$59.66M
Investing cash flow	$52.29M	-$98.02M	-$90.87M	-$151.41M	-$65.71M	-$103.49M	-$147.76M	-$101.55M	-$156.47M	-$238.90M
Financing cash flow	-$67.02M	-$10.93M	-$13.80M	-$42.06M	-$16.01M	-$53.90M	-$38.69M	-$18.49M	-$7.73M	-$115.26M
Share buybacks	$0	$0	$23.11M	$21.70M	$34.39M	$48.25M	$2.52M	$0	$0	$97.42M
Stock-based compensation	$3.83M	$3.63M	$3.18M	$3.68M	$4.93M	$5.35M	$6.31M	$8.00M	$13.89M	$13.39M
Depreciation & amortization	$77.61M	$81.70M	$79.54M	$79.24M	$89.17M	$87.53M	$79.97M	$80.47M	$82.43M	$77.26M

Income statement

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Feb 2025	May 2025	Aug 2025	Oct 2025	Feb 2026	May 2026	Aug 2026
Revenue	$227.47M	$216.33M	$217.00M	$210.98M	$222.63M	$212.14M	$210.99M	$210.39M	$215.77M	$225.07M	$209.94M	$216.05M
Cost of revenue	$142.59M	$137.08M	$137.75M	$135.85M	$140.33M	$136.60M	$133.09M	$139.54M	$140.24M	$146.36M	$144.18M	$144.31M
Gross profit	$84.88M	$79.25M	$79.25M	$75.14M	$82.30M	$75.53M	$77.91M	$70.86M	$75.53M	$78.70M	$65.76M	$71.73M
Research & development	$3.37M	$3.44M	$4.29M	$3.56M	$5.29M	$4.26M	$4.09M	$4.27M	$3.19M	$2.59M	$2.82M	$3.71M
Selling, general & admin	$16.73M	$18.32M	$19.00M	$19.44M	$21.01M	$19.10M	$18.10M	$18.42M	$20.00M	$21.31M	$20.76M	$22.54M
Operating income	$64.78M	$57.49M	$56.05M	$52.15M	$55.83M	$52.18M	$55.72M	$48.16M	$52.11M	$54.86M	$42.18M	$45.50M
Pre-tax income	$83.44M	$53.74M	$76.59M	$62.29M	$54.79M	$77.16M	$29.93M	$38.73M	$75.96M	$74.53M	$53.86M	$54.87M
Income tax	$20.29M	$14.66M	$20.21M	$14.12M	$14.57M	$18.90M	$5.71M	$9.59M	-$2.66M	$14.36M	$10.61M	$10.99M
Net income	$44.61M	$26.18M	$36.25M	$34.39M	$33.87M	$42.85M	$8.86M	$22.89M	$61.80M	$42.94M	$31.43M	$28.92M
EBITDA	$85.73M	$78.19M	$76.84M	$72.27M	$76.65M	$72.97M	$75.31M	$67.01M	$70.13M	$74.66M	$62.19M	$66.51M
EPS (basic)	$0.73	$0.43	$0.59	$0.56	$0.55	$0.69	$0.15	$0.40	$1.05	$0.74	$0.54	$0.50
EPS (diluted)	$0.72	$0.42	$0.58	$0.55	$0.54	$0.68	$0.15	$0.39	$1.05	$0.74	$0.54	$0.49
Diluted shares	105.00K	62.28M	62.41M	62.41M	22.00K	62.66M	60.97M	58.07M	-647.00K	58.39M	58.74M	58.72M
Gross margin	37.3%	36.6%	36.5%	35.6%	37.0%	35.6%	36.9%	33.7%	35.0%	35.0%	31.3%	33.2%
Operating margin	28.5%	26.6%	25.8%	24.7%	25.1%	24.6%	26.4%	22.9%	24.1%	24.4%	20.1%	21.1%
Net margin	19.6%	12.1%	16.7%	16.3%	15.2%	20.2%	4.2%	10.9%	28.6%	19.1%	15.0%	13.4%

Balance sheet

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Feb 2025	May 2025	Aug 2025	Oct 2025	Feb 2026	May 2026	Aug 2026
Cash & equivalents	$499.29M	$508.52M	$493.90M	$537.33M	$598.49M	$642.20M	$530.71M	$479.52M	$492.26M	$544.13M	$511.49M	$549.51M
Short-term investments	$12.91M	$13.00M	$65.95M	$69.05M	$42.18M	$0	$27.70M	$96.28M	$95.91M	$92.74M	$126.18M	$123.30M
Receivables	$194.93M	$203.61M	$197.52M	$199.93M	$200.83M	$188.44M	$195.98M	$190.88M	$195.92M	$199.49M	$188.95M	$187.73M
Inventory	$49.96M	$50.68M	$54.26M	$55.47M	$56.53M	$57.58M	$61.20M	$63.49M	$61.77M	$62.65M	$67.83M	$64.75M
Total current assets	$785.45M	$807.68M	$844.13M	$892.64M	$931.06M	$920.83M	$855.81M	$872.24M	$890.05M	$946.25M	$943.93M	$974.86M
Total assets	$1.53B	$1.58B	$1.60B	$1.65B	$1.71B	$1.70B	$1.70B	$1.75B	$1.80B	$1.90B	$1.93B	$1.99B
Total current liabilities	$185.22M	$185.29M	$195.57M	$191.13M	$183.81M	$162.64M	$166.78M	$174.93M	$165.87M	$206.65M	$186.97M	$197.28M
Short-term debt	$6.62M	$20.77M	$19.32M	$20.09M	$17.97M	$2.63M	$11.00K	$11.00K	$11.00K	$11.00K	$11.00K	$3.89M
Long-term debt	$18.00M	$2.65M	$2.46M	$28.00K	$25.00K	$21.00K	$19.00K	$16.00K	$13.00K	$10.00K	$3.85M	$4.00K
Total debt	$24.62M	$23.43M	$21.77M	$20.12M	$18.00M	$2.65M	$30.00K	$27.00K	$24.00K	$21.00K	$3.86M	$3.89M
Total liabilities	$250.61M	$235.78M	$235.42M	$231.67M	$231.30M	$210.46M	$206.26M	$214.76M	$207.23M	$251.50M	$237.37M	$247.04M
Shareholders' equity	$975.01M	$1.02B	$1.03B	$1.07B	$1.12B	$1.13B	$1.10B	$1.13B	$1.17B	$1.21B	$1.24B	$1.28B

Cash flow

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Feb 2025	May 2025	Aug 2025	Oct 2025	Feb 2026	May 2026	Aug 2026
Operating cash flow	$106.62M	$41.51M	$76.49M	$75.08M	$68.37M	$78.47M	$31.45M	$50.05M	$87.82M	$97.25M	$47.03M	$76.33M
Capital expenditures	$52.48M	$43.31M	$20.00M	$24.42M	$43.21M	$35.20M	$60.55M	$24.84M	$67.55M	$47.63M	$45.80M	$36.97M
Free cash flow	$54.14M	-$1.81M	$56.49M	$50.66M	$25.16M	$43.27M	-$29.10M	$25.22M	$20.27M	$49.62M	$1.23M	$39.35M
Investing cash flow	-$37.31M	-$42.22M	-$72.49M	-$27.35M	-$14.41M	$6.84M	-$87.69M	-$92.75M	-$65.30M	-$40.28M	-$77.61M	-$32.86M
Financing cash flow	-$2.09M	-$2.87M	-$1.86M	-$1.70M	-$1.30M	-$20.48M	-$74.59M	-$20.21M	$27.00K	$749.00K	-$1.17M	$77.00K
Share buybacks	$0	$0	$0	$0	$0	$4.57M	$72.11M	$20.74M	$0	$0	$0	$0
Stock-based compensation	$2.13M	$2.57M	$3.93M	$3.34M	$4.05M	$3.33M	$3.38M	$3.29M	$3.38M	$2.85M	$3.73M	$3.86M
Depreciation & amortization	$20.95M	$20.70M	$20.79M	$20.13M	$20.82M	$20.79M	$19.59M	$18.85M	$18.02M	$19.80M	$20.01M	$21.01M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.